While the congressional action to adopt the 2017 tax law was pretty partisan, there is bipartisan recognition that it inadvertently — but dangerously — weakened the major financing tool used to create tens of thousands of apartments with below-market rents for homeless people, seniors and low-wage working families, called the Low Income Housing Tax Credit.

​For the San Diego region, it could mean the loss of as many as 5,000 affordable apartments in the next 10 years. With San Diego’s homelessness crisis top of mind with voters, and generating headlines every day, there is a cross-party agreement that we can’t afford to weaken tools we rely on to build a better tomorrow.